New Delhi,  May 4, 2009

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Nepal PM Prachanda resigns

      Kathmandu: Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' today announced resignation from his post after President Ram Baran Yadav vetoed the government's decision to sack Chief of Army Staff, General Rookmangad Katawal. Prachanda made the announcement in his address to the nation this afternoon. Describing President Yadav's move as unconstitutional, he said it has dealt serious blow to democracy, peace process and the newly established republican order. He also asked him to rectify his decision. Saying that a constitutional President has no right to block the decisions of an elected government, Prachanda accused him of acting under provocation of some parties. On Sunday, Prachanda had sacked General Katawal accusing him of defying the civilian authority. The Maoists have termed the President's action as 'constitutional coup.' Finance Minister and senior Maoist leader Dr. Baburam Bhattarai has said that his party would hit the streets now demanding resignation of the President. The crisis follows months of tussle between the Prime Minister and the Army Chief over the induction of former Maoist rebels into the army, Nepalnews reported. Kathmandu: President Dr. Ram Baran Yadav accepted the resignation of the Prime Minister on Monday evening, stated a report on Nepal News. Dahal had submitted his resignation to the President at the latter's office, Shitwal Niwa, soon after announcing his resignation through an address to the nation. President Yadav has also asked the incumbent Council of Ministers to carry out its duty till a new Council of Ministers is formed.

India hopes Nepal will solve crisis internally Top

     New Delhi: While expressing concern over the latest political developments in neighbouring Nepal , External Affairs Minister Pranab Mukherjee on Monday said that said it is an internal matter of that country, which it has to resolve. “What is happening in Nepal is internal to Nepal . We wish Nepal well in its transition to a fully democratic polity and would hope that the present crisis is resolved in a manner which contributes to the early conclusion of the peace process,” he said. . “We would hope that the broadest possible political consensus would make it possible for Nepal to concentrate on the agreed tasks of Constitution making and of democratic transition,” he added.

     Meanwhile, in Nepal , the Maoists threatended to launch agitation from House and street on Monday evening. The Unified CPN (Maoist) decided to agitate in the parliament and the street until their decision to sack Chief of Army Staff Rookmangud Katawal is implemented, stated a Nepal News report. A meeting of the party secretariat held at Baluwatar Monday evening following Prime Minister Pushpa Kamal Dahal’s resignation decided to launch the agitation in favour of democracy and civil supremacy. Dahal had announced his resignation through an address to the nation Monday afternoon. Maoist leaders said further protest programmes will be announced after a Central Committee meeting of the Maoists, the report added. Earlier, President Dr. Ram Baran Yadav accepted the resignation of Prime Minister Pushpa Kamal Dahal on Monday evening. He had submitted his resignation to the President at the latter's office, Shitwal Niwa, soon after announcing his resignation through an address to the nation. President Yadav also asked the incumbent Council of Ministers to carry out its duty till a new Council of Ministers is formed. While announcing the resignation, Prachanda accused "national and international reactionary forces" of hatching a "conspiracy" against his government and the nascent republic which abolished its 240-year-old monarchy in May last year. "I will quit the government rather than remain in power by bowing down to the foreign elements and reactionary forces," said Prachanda, whose government was sworn in on August 15 last year after the Maoists emerged as the single largest party in the Constituent Assembly elections. In an indirect reference to India , Prachanda said his party was ready to maintain "cordial relations" with the neighbouring countries but would "not accept any intervention". Prachanda accused "reactionary forces" of obstructing the Maoist government in its efforts to introduce various reform programmes. He admitted that the government could not perform upto the expectations of people "due to various obstacles put by regressive forces and ongoing shutdowns and agitations". He also said he was committed to democracy, human rights and press freedom and asserted his party's commitment to the peace process. Presently, the Maoist strength in the 601-member Constituent Assembly is 238. The NC has 112 seats, UML 108, Madhesi People's Rights Forum 53, Terai Madhes Democratic Party 21 and Sadbhavana Party nine seats. A minimum of 301 seats are required to form a government. Pushpa Kamal Dahal, a former school-teacher who had come to be known as 'Prachanda' (the fierce one) while fighting a guerrilla warfare from jungles of Nepal in the 1990s, had been facing a series of hiccups in running the administration since taking over, the latest being the tiff with the army chief. The collapse of his government raises the spectre of renewed Maoist unrest in the country which is yet to draft a new constitution despite the formation of the Constituent Assembly in April last year. President Yadav has urged all political parties to find a way out of the present crisis through Parliament. He also said that his move to block the sacking of army chief was in accordance with the constitution. Former premier and opposition Nepali Congress president Girija Prasad Koirala said the peace process will have to be taken to its logical conclusion. He also said the Maoist party can be a constituent in a CPN (UML)-led government. "What is wrong if Maoists be part of the coming government which will be led by UML. I do not see why we cannot have that," he said. Meanwhile, in another development, the local administration banned demonstrations in areas surrounding the army headquarters and the Presidential Office at Maharajgunj to maintain law and order in view of demonstrations by various student and youth groups, including pro-Maoist Young Communist League (YCL).

SC issues notice to Big B on IT petition Top

     New Delhi: The Supreme Court on Monday issued notice to actor Amitabh Bachchan on a petition filed by the Income Tax Department. A bench headed by Justice S.S. Kapadia posted the matter for hearing on October 28. The Income Tax department has questioned a Bombay High Court order for giving Bachchan respite from tax on his income from the popular TV game show ''Kaun Banega Crorepati''. Bachchan, who hosted the show, had received tax exemption on 30 percent of his total income of Rs. 50.92 crore. The actor has earlier asked the court to cut down on his tax under the Section 80 RR of the Income-Tax Act, considering that he was an artist. The Income Tax department has asked the Bombay court to explain on what basis it gave the tax relief to Bachchan when, according to law, only those artists who earn by performing outside the country or receive payment from foreign agencies can be allowed to enjoy tax redemption. The IT department argued that Bachchan was anchoring the show for Star India Ltd. and cannot be termed as an artist for his role in the programme.

Sensex at seven-month high, crosses 12K mark  Top

     Mumbai: The Bombay Stock Exchange Benchmark Sensex crossed the 12,000 mark today for the first time since October. At 10:34 a.m, the 30-share index, which had gained 401.50 points in the previous trading session, added another 521.93 points at 11,925.18. BSE Midcap Index was up by 3.43 per cent and BSE Smallcap Index moved 3.08 percent higher. Amongst the sectoral indices, BSE Metal Index was up by 7.14 per cent, BSE IT Index gained 5.78 per cent and BSE Bankex moved 5.52 per cent higher. BSE Healthcare Index also gained 1.42 per cent. The rise in the index was attributed to brisk buying by funds in blue-chip shares in the early trade. Likewise, the National Stock Exchange's Nifty went up by 148.50 points to touch a seven-month high of 3,622.45 points. Biggest Sensex gainers were Sterlite Industries (11.72 percent), Mahindra and Mahindra (9.63 percent), HDFC (9.58 percent), Hindalco Industries (9.1 percent) and Tata Steel (8.84 percent). There were no losers in the 30-share index. Meanwhile, shares across the Asia-Pacific region were also on the rise. Hong Kong's Hang Seng gained 4.68 per cent, Singapore's Straits Times rose by 4.59 per cent and China's Shanghai Composite rose by 3.28 per cent.

Himachal school expels seven students for ragging Top

     Sanawar (HP): A public school in Himachal Pradesh has said it has expelled seven students over ragging charges. Officials said at least 10 students were hurt when their seniors ragged them for refusing to cheer their team during a school basketball match. School authorities said they expelled the seven senior students after conducting an enquiry. "When I came to know about ragging, I had an enquiry done in 24 hours. After investigation, a report came to me. An advice was also taken from the discipline committee. The children against whom we found evidences were expelled in 30 hours from the time the incident came into notice," said Parveen Vasistha, head master of Lawrence School. The students who were expelled belonged to 12th class while the victims were one year junior to them. Vasistha said the victims had bruises on their back. "Maximum 10 students were hurt. Most of them had marks on their backs that were not acceptable," said Vasistha. However, the school has not registered any police case against the culprits. The State Government has ordered and inquiry into the incident. A committee led by Deputy Commissioner of Solan district will conduct the inquiry. Two months back another incident of ragging and death of a student in the state had caused an uproar and strong condemnation across the country.

Two arrested in Ambani helicopter sabotage case Top

     New Delhi: Two employees of the aircraft maintenance firm Air Works India Engineering Pvt. Ltd., suspected to be involved in the Anil Ambani's helicopter sabotage case were arrested on Monday. The police informed that according to their investigations, the two employees, identified as Palraj Thevar and Uday Warekar, played a significant role in the conspiracy to kill Ambani by tampering with his Bell 412 helicopter. The duo would be presented before a magistrate at the metropolitan court later on Monday, the police said. The police is also interrogating a former Airworks employee ,Vijay Patankar, who was taken into custody on Sunday. On May 1, three officials of the Anil Dhirubhai Ambani Group, who were interrogated in connection with the death of Airworks technician Bharat Borge, were given a clean chit by Railway Police. On April 23, Bharat Borge had discovered pebbles and gravel in the gearbox filler cap of a helicopter used by Ambani. Borge, who could have acted as the prime witness in the case, was on April 28 found dead under mysterious circumstances on the tracks between Vile Parle and Andheri suburban stations. Following the incident, the Anil Dhirubhai Ambani group declared that they have cancelled the maintenance contract of its three choppers with Airworks India Engineering Pvt. Ltd. In a letter dated April 24, the Reliance Anil Dhirubhai Ambani Group (R-ADAG) had alleged that the discovery of the pebbles and gravel in the helicopter's filler neck was a clear case of an attempt to murder Anil Ambani by business rivals. However, the police has clearly ruled out the possibility of a business rivalry behind the case.

Panel on ex-servicemen's 'One Rank, One Pension' demand Top

     New Delhi: Heeding the long held demand of retired defence personnel, the Government has constituted two high-level committees to look into the various issues concerning 'One Rank, One Pension' of ex-servicemen. In the absence of 'One Rank-One Pension', anomalies in the pension of two persons of same rank arise and also there are instances of hundreds of war veterans drawing lower amount of pension as compared to personnel who retired in the recent past. The Government has constituted a high level committee headed by the Cabinet Secretary to reduce the gap in the pensionary benefits to soldiers and officers and bring it as close to 'One Rank, One Pension'. "The other members of the committee are Defence Secretary, Home Secretary, Secretary (Personnel), Secretary (Expenditure), and Secretary (Ex-Servicemen Welfare)," said a senior Defence ministry source. Financially the decision will additionally cost the government around 500-600 crore per annum and would be much less than the estimated financial liability for grant of OROP, the source said. The other committee set up by the Ministry of Defence will be headed by Secretary (Defence Finance), Indu Liberhan, to sort out anomalies in the implementation of orders relating to armed forces pensioners. The Sixth Pay Commission report had recommended 50 per cent weightage for armed forces PBORs during retirement, whereas earlier they would receive 70 per cent weightage until rehabilitated in other paramilitary for.

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